green cronyism (page 4)

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    Duke Energy: 15-year fixed contracts will cost ratepayers $1 Billion extra

    Owing to a long menu of highly favorable state policies, North Carolina has 60 percent of that nation’s PURPA qualifying solar facilities all by itself. David Fountain, the North Carolina president for Duke Energy, writes in Charlotte Business Journal: Today, Duke Energy must buy from…
    Jon Sanders, April 26, 2017
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    Renewable energy lobby agrees: heavily tilted state policies are driving their industry

    Advocates for least-cost, reliable electricity will welcome the ideas in Rep. Chris Millis’ “NC Ratepayers Protection Act” (House Bill 745). They will especially appreciate Millis’ call for studying the actual subsidies and incentives renewable energy producers receive, as well as capping the Renewable Energy Portfolio Standards (REPS) mandates until…
    Jon Sanders, April 18, 2017
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    Detailing renewable energy’s dependency on government goodies

    Dan Way writes this morning in Carolina Journal about the “NC Ratepayers Protection Act” (House Bill 745). A snippet: If the bill passes, the REPS [renewable energy portfolio standards mandate] would remain at 6 percent of state retail sales instead of jumping to 10 percent in 2018 and 12.5 percent…
    Jon Sanders, April 17, 2017
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    Unsustainable energy, illustrated

    The U.S. Energy Information Administration offers another glimpse, if you’re paying attention, into just how government-driven North Carolina’s “powerhouse solar industry” actually is. Look at this graph, from the EIA’s “Today in Energy” post entitled “North Carolina has more PURPA-qualifying solar facilities than any other state“: EIA explains:…
    Jon Sanders, April 3, 2017
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    Carolina Journal exposes layer upon layer of solar cronyism

    I’ve long noticed two prongs of the solar lobby‘s message to legislators and the media — two messages that I think are completely at odds with one another: Solar is a powerhouse industry in North Carolina. Second in the nation in solar! Solar cannot make it as…
    Jon Sanders, March 21, 2017
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    If you can’t win customers and investors, win politicians

    …it’s well known that the renewable energy industry’s business model is entirely based on and utterly dependent on capturing public subsidies. It’s all about winning government goodies.—Yours truly, 8/28/15 Since the renewable energy industry cannot build itself by winning customers and investors on the strength of its own merits, they have to win politicians…
    Jon Sanders, March 16, 2017
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    Public policies favoring renewables are threatening upheaval in power markets

    You can’t have a competitive environment when utilities have to purchase any renewable power that’s produced and when state and federal subsidies and tax credits artificially lower their actual costs by making consumers pay for them in their role as taxpayers. The problem is, these phony state supports aren’t just…
    Jon Sanders, March 8, 2017
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    Detroit News editorial: ‘Green energy’ hurts the poor

    The editorial, by Utah State professor William Shughart and researcher Michael Jensen, reiterate points made here. They argue that the politicized drive for “green energy” is drowning out the much greater problem of energy poverty. (The chart on the right comes from a recent Locker Room post about energy…
    Jon Sanders, August 16, 2016